Estimating the cost of a new technology intensive automotive product: A case study approach.

Date published

2005-08-18T00:00:00Z

Free to read from

Supervisor/s

Journal Title

Journal ISSN

Volume Title

Publisher

Elsevier Science B.V., Amsterdam.

Department

Type

Article

ISSN

0925-5273

Format

Citation

Rajkumar Roy, Scott Colmer and Terry Griggs, Estimating the cost of a new technology intensive automotive product: A case study approach, International Journal of Production Economics, Volume 97, Issue 2, 18 August 2005, Pages 210-226.

Abstract

Estimating cost of new technology intensive products is very ad hoc within the automotive industry. There is a need to develop a systematic approach to the cost estimating, which will make the estimates more realistic. This research proposes a methodology that uses parametric, analogy and detailed estimating techniques to enable a cost to be built for an automotive powertrain product with a high content of new technology. The research defines a process for segregating new or emerging technologies from current technologies to enable the various costing techniques to be utilised. The cost drivers from an internal combustion engine's characteristics to facilitate a cost estimate for high- volume production are also presented. A process to enable a costing expert to either build an estimate for the new technology under analysis or use a comparator and then develop a variant for the new system is also discussed. Due to the open nature of the statement ‘new technology’, research is also conducted to provide a meaningful definition applicable to the automotive industry and this proj

Description

Software Description

Software Language

Github

Keywords

Cost estimating, Cost engineering, Cost of new technology, Cost prediction, Automotive product cost

DOI

Rights

Relationships

Relationships

Supplements

Funder/s